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3823 Durham Chapel Hill Blvd
Durham, NC 27707

Retail Property For Sale

Retail Space North Carolina Durham 3823 Durham Chapel Hill Blvd, Durham, NC 27707

Investment Highlights

  • 20,000 vehicles per day on Durham-Chapel Hill Boulevard
  • General Commercial CG (D) zoning

Executive Summary

Multifamily redevelopment opportunity on prime corridor in Durham, close to the new University Hill mixed-use development and numerous retail and restaurant options. The site is situated at the signalized corner of US 15-501 Hwy Bus and Shannon Road with high visibility and access to major transit corridors.
5.62 acres
18,176 SF building and 36,485 SF building on site
20,000 vehicles per day on Durham-Chapel Hill Boulevard
General Commercial CG (D) zoning
Transit Opportunity Area future land use
Durham County REID 121641

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
18,000 SF
Building Class
C
Year Built
1964
Price
$25,813,260 CAD
Price Per SF
$1,434 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.90 AC
Zoning
CG
Parking
125 Spaces (6.94 Spaces per 1,000 SF Leased)
Frontage
185 ft on Auto Dr

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Air Conditioning

PROPERTY TAXES

Parcel Number 121641 Improvements Assessment $5,522,289 CAD
Land Assessment $2,925,975 CAD Total Assessment $8,448,263 CAD

PROPERTY TAXES

Parcel Number
121641
Land Assessment
$2,925,975 CAD
Improvements Assessment
$5,522,289 CAD
Total Assessment
$8,448,263 CAD
 

  • Listing ID: 33717516

  • Date on Market: 2024-11-01

  • Last Updated:

  • Address: 3823 Durham Chapel Hill Blvd, Durham, NC 27707

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